This week, the markets were enhanced by a series of positive signals. A five-billion-euro credit-line was secured between Iran and Italy to register the largest financial credit from Europe since lifting the sanctions, followed by Mr Trump deciding not to leave the nuclear deal. The global increase in oil and fundamental metals prices, pushed the companies of the Metals Group and Petrochemicals to affect the Tehran Stock Exchange (TSE) Index, TEPIX, positively which grew 2.9% over the week, closing at 98,923 points. TSE market cap grew 106% respect to a week ago and reached 216 billion USD on Wednesday afternoon.
The Brokerage Association announced the launch of a risk management platform in February 2018. Currently, the investors can receive a credit from their brokerages equivalent to 80% of the value of their bonds or 60% of their shares to trade further. However, several of the brokerages assign higher credits to some clients. Lack of a live surveillance over these credits, increases the risk of brokerages, who normally do not apply any rating to their clients.
